Skip to main content

Funding for Uzbekistan’s road plans

The authorities in Uzbekistan have plans in hand to construct some 423km of roads in 2015. Funding for a considerable portion of the construction work will come in the shape of loans. The Asian Development Bank is one of the funding sources and is providing loans being sued for financing 85km of the work required. The country has budgeted around US$1.17 billion for purchasing of road building equipment, an increase of 35% from the previous year.
October 31, 2014 Read time: 1 min
The authorities in Uzbekistan have plans in hand to construct some 423km of roads in 2015. Funding for a considerable portion of the construction work will come in the shape of loans. The 943 Asian Development Bank is one of the funding sources and is providing loans being sued for financing 85km of the work required. The country has budgeted around US$1.17 billion for purchasing of road building equipment, an increase of 35% from the previous year.

For more information on companies in this article

Related Content

  • Brazil’s road budget bubble bursting?
    March 30, 2016
    A shortage of funds could affects Brazil's road infrastructure plans. The country’s national department of transport infrastructure, Dnit, may have to halt activities in 2016 due to a lack of funds. Dnit manages the maintenance of existing roads in Brazil but has already had to suspend road paving and expansion works throughout the country due to a lack of finances. Unless further funds are found, Dnit will only be able to finance projects until August 2016. Dnit saw its budget for 2016 set at US$1.76 billi
  • Nicaragua highway funding deal secured
    March 14, 2017
    Repairs and improvement works will now go ahead on Nicaragua’s Pista Juan Pablo II highway in capital Managua. The project is expected to cost close to US$256 million to carry out. A portion of the funding required will come in the shape of a loan worth $105.5 million from the Central American Bank for Economic Integration (CABEI). Nicaragua’s Ministry of Treasury and Public Credit is aiming to receive the remainder of the funding necessary for the work through a loan from the European Investment Bank (EIB)
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
  • Plans in hand to expand Nicaragua’s highways
    October 2, 2013
    Plans are now in hand to develop the highways of Nicaragua, a Central American country that has suffered from poor infrastructure investment in the past. The funding will come from the Inter-American Development Bank (IADB). Some US$91.5 million has been approved by the IADB to finance highway projects in Nicaragua between 2014 and 2018. While this sum may not seem as substantial as the investment being seen in other countries around the world, it will make an enormous difference to this small Central Ameri